Blockchain technology attracts a lot of companies and investors. Virtually everyone sees this industry as the next big thing. Blockchain spending is still rising as well, even though no one has been able to deliver on the hype associated with distributed ledgers. At this rate, blockchain will not move beyond […]
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Bitcoin Mining Firm Begins Building Its Own Power Substation
Cryptocurrency mining has gotten a bad reputation over the years. Experts and analysts often point to the vast electricity usage associated with this business. To counter those concerns, DMG Blockchain is now building its own electrical substation. It’s a very remarkable decision that could usher in a new era of […]
Upgradeable Smart Contracts Erode the Trustless Aspect of the Technology
Smart contract technology is of great interest to developers and corporations. Automating specific processes using blockchain technology can create new use cases. At the same time, there are still some issues associated with smart contracts, ranging from performance to theft prevention. Solving the latter problem may not be as easy […]
Will Bitcoin’s Price Go Back up in Late 2018?
There are many concerns as to what will happen to the Bitcoin price in the coming months. The year 2018 has offered nothing but setbacks, as the most recent bull run was tamed fairly quickly. Even so, the long-term picture still shows Bitcoin has plenty of upside in the years […]
Equity Trust Launches Digital Asset Platform For Cryptocurrency IRA Investors
Platform Offers Quick Order Settlement, Integrated Storage, Low Fees – Plus, Investors Could Reap Tax Advantages CLEVELAND, OH — August 4, 2018 — Equity Trust Company announced today the launch of their digital asset platform. Through myEQUITY, Equity’s account management system, clients can invest in digital currencies within an IRA. […]
Tezos Price: Steep Increase Despite Nearly no Trading Volume
As is usually the case when the weekend dawns upon cryptocurrency markets, the situation looks very different. This past week hasn’t been too positive for either Bitcoin or the top altcoins, but the situation is slowly turning around. Most major currencies are noting small gains, with the Tezos price showing […]
KickCoin Slides after Flirting with Top 100
Extended bear markets, like the one endured for the better portion of 2018, can often times be characterized as slow and dull. Long, drawn out bleeds across markets with little variation. However, one coin that has shown excitement despite this trend is KickCoin, whose recent events have been surprising, to […]
Binance Acquires Trust Wallet in its First-Ever Acquisition
Binance has made its first-ever acquisition, snapping up a crypto wallet provider. Trust Wallet is a mobile Ethereum wallet that supports ERC20, ERC223 and ERC721 tokens. The acquisition is proof of the importance of secure wallet technology to the exchange, Binance stated in a press release. The Trust Wallet team […]
Crypto Price Watch: Most Major Currencies in the Red as Market Stumbles
Bitcoin (BTC) At press time, bitcoin is trading for about $7,485. This is roughly $60 less than where it stood 24 hours ago. Wall Street player Goldman Sachs explains that bitcoin’s recovery was a fluke; that the currency will never dominate the financial infrastructure, and future declines are expected. On […]
Bitcoin Price Watch: Currency Continues to Suffer Substantial Losses
At press time, the father of cryptocurrency has fallen by another $60+ and is trading for about $7,485. This is another massive fall from yesterday’s $7,550, which in turn was a drop from the $8,000+ the currency was enjoying all last week. Overall, things are not looking great for bitcoin. […]
eToro Analyst Deems Litecoin to Be “Vastly Undervalued”
There is a lot more to cryptocurrency than just Bitcoin and Ethereum. Various altcoins are well worth keeping an eye on, although opinions are divided on which currencies are actually useful. For eToro, Litecoin is definitely worth keeping an eye on, as it is allegedly “vastly undervalued” at its current […]
ICO Capital Raised in July Was Lowest Since June 2017
Initial coin offerings have been an interesting addition to the world of cryptocurrency. Although not everyone sees merit in this particular business, there are a lot of companies still raising millions of dollars without a working product. July 2018 wasn’t the best month for the industry, as the total capital […]
Cred Makes Cryptocurrency Investing Easy in Four US States
Investing in cryptocurrencies is still a very daunting task for most consumers. There is no really convenient way to do so without encountering friction. Cred aims to make a name for itself in this regard, as it is designed to let people create a cryptocurrency portfolio by tapping into 13 […]
IOTA Price: Surprising Uptrend Targets $1 Resistance
The cryptocurrency industry is very volatile and strange at certain times. Price changes tend to occur when people least expect it, albeit that is part of what makes the industry so appealing to investors and speculators. In the case of the IOTA price, things are finally looking up after a […]
GeyserCoin Price: Massive 70% Pump Prior to the Next Dump
Despite an overall bearish momentum affecting all cryptocurrency markets, some currencies still note surprising gains. Most of the gains are associated with currencies which have a small market cap, as those values are easier to manipulate. The GeyserCoin is a very interesting example in this regard, as it fluctuates fairly […]
Bithumb Resumes Deposits, Influx of Capital Expected
Bithumb, South Korea’s biggest crypto exchange as of May, is officially resuming deposits and withdrawals on August 4, after a month of freezing the platform. Potential Impact of Restoration of Bithumb’s Operations In June, Bithumb experienced a $40 million hacking attack which led to the loss of investors’ funds, falling […]
Coinbase Appoints its First-Ever Chief Compliance Officer
Coinbase announced the appointment of its first-ever chief compliance officer on July 31. The new member of the ever-expanding Coinbase team, Jeff Horowitz, joins the crypto exchange after spending decades in regulatory and compliance roles at some of the most renowned companies in the US. His appointment comes at a time […]
Telecom Blockchain Projects Are Setting up for Future Success
For those of you who have ever had your phone hacked and know the frustration and anger that goes along with finding out that someone has taken something that belongs to you, this story might resonate with you. There are some compelling ideas around the blockchain for the telecom industry […]